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Former US vice president's firm releases 1st-quarter portfolio Continue reading...
Appeals court judges unanimously reaffirmed that online platforms' rules against hate speech don't violate the First Amendment, because tech companies aren't part of the government.
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(Bloomberg) -- Nasdaq 100 Index futures fell on a report Donald Trump is preparing to sign an executive order that could threaten to penalize Facebook Inc., Google and Twitter Inc. for the way they moderate content on their sites.Contracts for June delivery on the Nasdaq 100 fell as much as 0.8%, before paring losses to 0.4% as of 9:32 a.m. in London. Trump’s upcoming executive order aims for federal regulators to review a law that spares tech companies from liability for comments and content posted by users, the Washington Post reported. Investor sentiment was also damped by deteriorating U.S.-China ties.“U.S. tech stocks are dropping on profit taking and risk aversion, as they are at the forefront of the U.S.-China cold war,” said Nader Naeimi, the head of dynamic markets at AMP Capital Investors Ltd. in Sydney. In addition, there is news that “Trump is preparing to sign an executive order that could threaten to penalize Facebook, Google and Twitter.”Trump is poised to take action Thursday that could bring a flurry of lawsuits down on Twitter, Facebook and other technology giants by having the government narrow liability protections that they enjoy for third parties’ posts, according to a draft of an executive order obtained by Bloomberg.While Nasdaq 100 futures declined, contracts on other indexes were mixed. Futures on the S&P 500 were little changed and those on Dow Jones Industrial Average advanced 0.4%. The underlying S&P 500 climbed to the highest since early March on Wednesday, holding above 3,000 level and its average price for the past 200 days.It’s possible that Nasdaq futures are falling on reports of an executive order, “but the U.S. First Amendment is pretty clear, and the White House has very little reach over corporate behavior,” said Michael McCarthy, chief market strategist at CMC Markets Asia Pacific Pty. “Most traders I speak to see this as a hollow threat.”(Updates prices starting in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
(Bloomberg) -- Adobe Inc., the maker of Photoshop, said some of its applications were knocked offline Wednesday by “major” technical issues.There were four major issues, down from 13 earlier, and 12 minor issues affecting Creative Cloud, Experience Cloud, Adobe Services and the Adobe Experience Platform as of 2 p.m. in New York, the San Jose, California-based company said. Adobe’s engineers were also trying to resolve other potential issues in progress.“We’re working urgently to get back online as soon as possible,” Adobe told users in a tweet. A spokesman said the technical issues aren’t security related.Major public-cloud vendors Amazon.com Inc., Microsoft Corp. and Alphabet Inc.’s Google reported no service issues, so the problems appear to be isolated with the software company. Adobe’s shares declined 1.6% to $370.76. The stock gained 14% this year through Tuesday’s close.Millions of people rely on Adobe’s creative and document apps. The company said its Creative Cloud apps have been downloaded 376 million times, and users opened 250 million PDFs with an Adobe program in the last year. Many businesses use Adobe’s marketing, advertising and analytics tools, which were disrupted by the technical problems.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
(Bloomberg) -- Donald Trump has been raging against Twitter Inc. since the social media platform that helped vault him to the presidency slapped fact-check links on a pair of his tweets.Now, he’s poised to take action Thursday that could bring a flurry of lawsuits down on Twitter, Facebook Inc. and other technology giants by having the government narrow liability protections that they enjoy for third parties’ posts, according to a draft of an executive order obtained by Bloomberg.The companies’ protections against lawsuits apply when they act “in good faith” in taking down or limiting the visibility of inappropriate tweets, videos and other social media posts, but the law doesn’t define bad faith. The draft order would push the Federal Communications Commission to issue rules clarifying the issue, potentially allowing users to sue over takedowns if they were inconsistent with companies’ terms of service, did not provide enough notice or meet other suggested criteria.The White House declined to comment early Thursday morning.The draft order would also convene, through the Justice Department, a working group of state attorneys general to look into deceptive practices and review executive ad spending on the platforms.The move could set off a legal battle between Washington and Silicon Valley.“Big Tech is doing everything in their very considerable power to CENSOR in advance of the 2020 Election,” the president said Wednesday night -- on Twitter. “If that happens, we no longer have our freedom. I will never let it happen! They tried hard in 2016, and lost. Now they are going absolutely CRAZY. Stay Tuned!!!”Word of the executive order came a day after Twitter added links to a fact-checking page on Trump tweets asserting that mail-in-voting leads to rampant fraud.As Trump himself has observed, Twitter gives him the power to dodge the media and speak directly to the American public. It also allows the president and his vast community of followers to instantly spread a steady stream of pro-Trump messages and attacks on his rivals, including exaggerations and outright falsehoods that not even Twitter’s fact-checking links can dent.He has no legal authority to shut down the service, as he threatened to do Wednesday morning, but doing so would mean silencing his loudest megaphone -- as well as what his campaign calls “keyboard warriors” who both amplify his voice and provide him memes and other free content to broadcast to his 80 million followers.Twitter also serves as a valuable punching bag, which he uses to generate outrage and sympathy among his supporters.The social media platform has become even more important for Trump as the coronavirus pandemic prevents him from holding his trademark rallies, and he seeks a free outlet to attack his likely Democratic challenger, Joe Biden.“He’s going to need to continue to use this platform,” said Amy Becker, a professor at Loyola University Maryland, who focuses on political communication. “It’s going to be his random tweets, it’s going to be him attacking whoever criticizes him, there’s going to be a lot of attacks on Biden, the Democrats.”Liability ProtectionsThe order Trump plans to sign Thursday is his latest attempt to exert control over the formidable technology industry. In 2018, he considered issuing an order instructing federal antitrust agencies to open probes into the practices of tech giants like Alphabet Inc.’s Google and Facebook. The possible measure was criticized as politicizing antitrust enforcement and it was never signed.Trump’s attacks on Twitter and other social media companies are often hyperbolic and rarely lead to immediate concrete action. The government could never silence a company like Twitter without violating First Amendment rights to free speech. However, his threats are a reminder of other significant levers that the president and the rest of the federal government have at their disposal.Senator Josh Hawley, a Missouri Republican, wrote Twitter Chief Executive Officer Jack Dorsey on Wednesday to demand an explanation for the fact-checking links added to Trump’s tweets. He accused the company of choosing to “editorialize.”Hawley repeated a threat that’s been raised by other lawmakers over the years: Revoking the protections that shield Twitter and other platforms from legal liability for content its users post.“Politicians can use the powers of government to make life very difficult for private companies and there’s a long track record of politicians from both parties doing this in the last couple years to social media companies,” said Jesse Blumenthal, a conservative who leads tech policy at Stand Together, part of the political network affiliated with libertarian billionaire Charles Koch.In recent days, Trump had tweeted attacks on cable news host and former Republican Representative Joe Scarborough by pushing a baseless conspiracy theory that he was involved in the death 19 years ago of a woman who worked at his district office in Florida. Her widower sent a letter to Twitter asking the publicly traded company to delete Trump’s tweets, but it chose to leave them online.Scarborough is a frequent critic of the president.80 Million Followers, 52,000 TweetsThe feud with Twitter comes as Trump has been under siege for his handling of the coronavirus pandemic that’s infected more than 1.6 million Americans and killed some 100,000. He trails Biden in general election polls by an average of 5.3 percentage points, according to RealClearPolitics.There has never been a politician as prolific on social media, which he often uses to call opponents names, spread conspiracy theories, dismiss employees and announce policy changes. He has sent more than 52,000 tweets and has more than 80 million followers.Trump has both acknowledged the power he wields when he tweets and the platform’s impact on his 2016 election. At a July 2019 social media event at the White House he boasted about using Twitter to announce that the U.S. would recognize Israel’s sovereignty over the Golan Heights, one of the world’s most contentious foreign policy issues.“Boom,” Trump said of the March 19 tweet. “I press it and, within two seconds, we have breaking news.”At that same event he acknowledged that without the platform he might not have been elected.‘Keyboard Warriors’Trump has a symbiotic relationship with his supporters on Twitter. They often create memes that go viral with his retweets. Earlier this month, he retweeted a meme of himself as the president giving a speech in the 1996 movie “Independence Day,” about an alien invasion. That meme has been viewed 18 million times on Twitter.He’s repeatedly promoted a twitter handle that goes by the name of @sexcounseling that reinforces his messages. Earlier this month he egged on his supporters online with the hashtag obamagate, alleging that President Barack Obama’s administration improperly tried to undermine his election campaign in 2016. His supporters tweeted a series of memes with Obama and Biden.“Thank you to all of my great Keyboard Warriors. You are better, and far more brilliant, than anyone on Madison Avenue (Ad Agencies). There is nobody like you!,” Trump said in a May 14 tweet.Tim Murtaugh, a Trump campaign spokesman, defended the president’s use of Twitter.“Most Americans have a pretty clear understanding of the way that President Trump uses Twitter,” Murtaugh said Wednesday on Fox News. “Twitter is a way for the president to connect with his voters. We hear all the time from the president’s supporters that they like the way that the president expresses himself on Twitter because they say to this day they say listen here’s a guy who finally says the things out loud that I’m thinking to myself.”Going back to the 2016 campaign, Trump and his campaign have cultivated a relationship with his supporters online. That part of his base remains engaged, echoing and spreading his messages, said Eric Wilson, a Republican digital strategist.“The most effective endorsement for a candidate is from someone that you already trust, that you already have a relationship with,” Wilson said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The number of deaths from the coronavirus that causes COVID-19 rose above 353,000 on Wednesday, as the World Health Organization said the Americas are at the center of the pandemic following surges in infections in Brazil, Peru, Chile and others in the past few days.
Google said on Wednesday its Threat Analysis Group saw new activity from "hack-for-hire" firms, many based in India, that have been creating Gmail accounts spoofing the World Health Organization (WHO). Google said it continued to see attacks from hackers on medical and healthcare professionals, including WHO employees.
(Bloomberg) -- French lawmakers from the National Assembly voted in favor of a contact tracing app meant to contain the spread of the coronavirus, following an intense debate over privacy rights as the government prepares to lift more lockdown measures next week.The application, dubbed StopCovid, was designed by a state-led task force, including the leading phone carrier Orange SA, software company Dassault Systemes SE, as well as Inria, the institute for research in digital science and technology. User data collected on the app will be sent to the nation’s health authorities in a bid to contain any re-emergence of the deadly virus.National Assembly lawmakers backed the app use with 338 votes in favor and 215 votes against. The project has drawn criticism from privacy activists in France, who argue such tools accelerate state-surveillance technology on citizens. Digital Minister Cedric O defended the project and said it includes guarantees protecting privacy rights. He said downloading the app is voluntary and data collection and the app itself are both meant to be temporaryFrance started to relax lockdown rules on May 11 and Prime Minister Edouard Philippe is expected to further ease controls next week. The app will be available to download on June 1 on the Apple and Alphabet’s Google app stores, O said on Wednesday.Read More: Apple-Google Virus-Tracking Rules Put Apps in a Privacy BindStopCovid will work with a smartphone’s bluetooth technology and will send out an alert to its user if they come within a meter of a person carrying the virus for more than 15 minutes. In case of exposure, the user will be asked to self-isolate quickly, reach out to their doctor and get tested. The app received the backing from the privacy watchdog CNIL on Tuesday.The approval didn’t come without warnings from lawmakers. Damien Abad, member of the National Assembly for opposition party Les Republicains criticized the app, associating it with a “nightmarish Orwellian society,” of state surveillance in a debate before the vote on Wednesday. Other lawmakers like Virginie Duby-Muller argued this app wasn’t enough to compensate for a lack of testing since the pandemic struck.Read More: The World Embraces Contact-Tracing Technology to Fight Covid-19Contact tracing apps have had a mixed result across the world so far. Singapore was one of the first to launch TraceTogether in March but due to its relatively low adoption, a lockdown couldn’t be avoided in the country. In Australia, which launched its own tool last month, only one person has been identified using data from it, the Guardian reported on May 23. There are still “strong doubts” about StopCovid’s compatibility with similar apps from other European countries, O told lawmakers on Tuesday.The French app, which is similar to one being developed in the U.K., is designed by national players, unlike the apps in Switzerland and Germany, which are based on a platform jointly developed by Apple Inc. and Alphabet Inc.’s Google.Read More: France Says Apple Bluetooth Policy Is Blocking Virus TrackerO pushed for the homegrown solution and criticized Apple for not changing its bluetooth settings to allow the French state to ease its app’s use. France’s conflict with Apple is part of a broader debate about how much data U.S. tech giants should collect and who should have access to it.StopCovid is “too serious a hindrance to our right to secrecy,” Sacha Houlie, member of the National Assembly for Macron’s party said before the vote on Wednesday. “I fear the surveillance society.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The state of Arizona has filed a consumer fraud lawsuit against Alphabet Inc’s Google (GOOGL) over its location data practices. “Though Google claims to have obtained consent to collect and store its users’ data, that consent is based on a misleading user interface, as well as other unfair and deceptive acts and practices,” the lawsuit claims.Attorney General Mark Brnovich tweeted that the state brought forward this action, which seeks unspecified damages, to “put a stop to Google’s deceptive collection of user data, obtain monetary relief, and require Google to disgorge gross receipts arising from its Arizona activities.”Arizona’s investigation of Google began following a 2018 Associated Press article alleging that many Google services on Android devices and iPhones store your location data even if you have used a privacy setting that says it will prevent Google from doing so. “Computer-science researchers at Princeton confirmed these findings at the AP’s request” the article stated.AP’s investigation shows “how users are lulled into a false sense of security, believing Google provides users the ability to actually disable their Location History” the Attorney General added.Brnovich also told the Washington Post: “When consumers try to opt out of Google’s collection of location data, the company is continuing to find misleading ways to obtain information and use it for profit.”In response to the lawsuit, Google stated: “The Attorney General and the contingency fee lawyers filing this lawsuit appear to have mischaracterized our services. We have always built privacy features into our products and provided robust controls for location data.”Shares in Google are up 6% on a year-to-date basis, and the Wall Street outlook for the stock remains bullish. GOOGL has a Strong Buy analyst consensus with 33 Buy ratings and 2 Hold ratings. Meanwhile the average analyst price target of $1,488.09 indicates 5% upside potential for in the coming 12 months. (See Alphabet’s stock analysis on TipRanks).Related News: Google Pay App May Face Anti-Trust Probe In India – Report Facebook Canada Faces C$9 Million Fine Over ‘False’ Privacy Claims Google, Apple Roll Out Coronavirus Contact Tracing Technology More recent articles from Smarter Analyst: * Apple Snaps Up AI Startup Inductiv, As Analysts Boost PTs On Store Reopenings * Microsoft Seeks $2B Stake In India’s Jio Platforms- Report * Boeing Cuts 6,770 Jobs In U.S.; CFRA Upgrades Stock To Buy * Novavax Seeks To Make 1 Billion Covid-19 Vaccine Doses; Top Analyst Ramps Up PT To $61
"When consumers try to opt out of Google's collection of location data, the company is continuing to find misleading ways to obtain information and use it for profit," Brnovich said in an interview with the Washington Post. In February, New Mexico Attorney General Hector Balderas sued Google, alleging that its educational software collects young students' personal information without the required parental consent.
Google kept tabs on the whereabouts of its users even if they had turned off location tracking, an Arizona official alleged in a lawsuit filed Wednesday.
Amazon.com Inc (NASDAQ: AMZN) is under discussion with self-driving technology startup Zoox in an acquisition attempt that would value the company at less than the $3.2 billion it had when it raised funding in 2018. As reported by The Wall Street Journal, the companies are still in talks, and a finalized agreement might not be reached for several weeks. Zoox was founded to develop software and hardware needed to create an ecosystem of electric-powered self-driving taxis, which users can call on via a smartphone application. Zoox's idea is built on three distinct trends within the transport industry – autonomous driving, vehicle electrification and on-demand cab-hailing. It is here that Zoox might have bitten off more than it could chew. All three trends have highly specialized and extremely well-funded startups, mobility businesses, and automakers fighting to gain space within individual markets. For a startup like Zoox, realizing its vision meant massive financial injections. But as investors understood the complexity and financial burden of developing self-driving technology, they increasingly shifted their investment towards established market leaders like Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) Waymo and General Motors' (NYSE: GM) Cruise, leaving early- and mid-stage startups in the lurch. Amazon's interest in Zoox is in line with its investment in self-driving startup Aurora Innovation; it was part of the company's $530 million investment in 2019. Amazon also invested heavily in electric car manufacturer Rivian, while also placing an order for 100,000 delivery vans from the company by 2030. For Amazon, investing in transport-related innovation is crucial as a bulk of its operational expenses are shipping-related costs. In 2019, Amazon's shipping costs were roughly 12% of its gross merchandise value (GMV). The company is also expected to have a compound annual growth rate of 24% till 2023. Without any noticeable improvement in shipping operations, Amazon's shipping costs will amount to $90 billion by 2023.Morgan Stanley's Brian Nowak believes that Amazon could save over $20 billion in annual recurring shipping costs if the company continues to focus on self-driving technology. "We think autonomous technology is a natural extension of Amazon's efforts to build its own third-party logistics network," said Nowak.Though vehicles with SAE Level 5 automation are still under development, existing Level 4 automation can be used by long-haul trucks to move freight. This is because highways are generally less chaotic than city roads, providing an easier-to-navigate driving environment that can be handled by technology's current level of sophistication.That said, Amazon's involvement in the autonomous vehicle (AV) space would not necessarily stop at providing for its own logistics needs. If Amazon can perfect self-driving technology, it can essentially create its own on-demand cab-hailing platform and deploy robo-taxis as direct competition to the likes of Uber and Lyft. Running robo-trucks on American highways could also be a starting point for Amazon to expand into the logistics forwarding market.The market leaders within the AV segment have been Waymo and Cruise, both profiting from being one of the earliest to the business. Extensive simulated driving tests and a large number of pilot runs on city roads have helped the companies incrementally improve their technology.As of 2019, Waymo vehicles clocked 13,219 miles on average before they required human intervention, while Cruise vehicles clocked 12,221 miles on average before taking assistance. No other competitor in the market has yet crossed 5,000 miles on average without needing human intervention in an actual physical driving environment. See more from Benzinga * Many SMEs Unsure How To Benefit From New USMCA Trade Pact With Mexico And Canada * Canada Turns To Maritime To Help Move 1.6 Billion Pieces Of PPE * Forty Containers Fall Off APL England(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for the material posted by their users, according to a draft executive order and a source familiar with the situation. News of the order comes after Trump threatened to shut down websites he accused of stifling conservative voices following a dispute with Twitter after the company decided to tag Trump's tweets about unsubstantiated claims of fraud in mail-in voting with a warning prompting readers to fact-check the posts. On Wednesday, officials said Trump will sign an executive order on social media companies on Thursday.
The same day Donald Trump took to Twitter to threaten to regulate or shut down social media sites, the U.S. appeals court in Washington, D.C. dismissed a lawsuit accusing top tech companies of silencing conservative voices. Filed in 2018 by nonprofit Freedom Watch and right-wing gadfly Laura Loomer, the suit accused Apple, Facebook, Twitter and Google of stifling First Amendment rights.
Alphabet Inc’s Google (GOOGL) is allegedly abusing its market position to unfairly promote its mobile payments app in India according to a complaint submitted to the country’s antitrust watchdog.Reuters reports that the complaint filed in February with the Competition Commission of India (CCI), alleges that the U.S. tech giant more prominently promotes its Google Pay app inside its Android app store in India, giving it an unfair advantage over apps of competitors which hurts consumers.Android mobile operating platforms power around 98% of the 490 million smartphones in India, data from Counterpoint Research showed.Google has reportedly been informed about the case being filed a few days ago and the company is expected to respond in due course.The case filing is currently being reviewed by senior CCI members. In the next stage, Google may need to appear before the watchdog which will thereafter decide how to proceed.This represent Google’s third major antitrust case in India. In 2018, the CCI fined Google $21 million for “search bias”, but a company appeal against that is pending. The CCI last year also started probing Google for allegedly misusing its dominant position to reduce the ability of smartphone manufacturers to opt for alternate versions of its Android mobile operating system.Google Pay allows users in India to do inter-bank fund transfers and bill payments. It competes with apps such as Softbank-backed Paytm and Walmart’s PhonePe in India’s crowded digital payments market, where Facebook’s WhatsApp is also planning a similar service.According to Google its payments app had rapidly grown in India to reach 67 million monthly active users, driving transactions worth more than $110 billion on an annualised basis.Shares in Google have soared 25% over the past two months erasing all of their losses suffered earlier this year. The stock declined 0.8% to $1,410.36 in early afternoon trading.In view of the recent rally the stock’s upside potential is now expected to be more limited. The average analyst price target of $1,488.09 indicates shares have room to rise a mere 5.1% in the coming 12 months. (See Alphabet’s stock analysis on TipRanks).The Wall Street outlook for Google remains bullish. The Strong Buy consensus boasts 33 Buy ratings with two analysts assigning Hold ratings, according to TipRanks data.Related News: Facebook Messenger Rolls Out Safety Alerts To Detect Scams, Protect Minors Facebook Canada Faces C$9 Million Fine Over ‘False’ Privacy Claims Google, Apple Roll Out Coronavirus Contact Tracing Technology More recent articles from Smarter Analyst: * Apple Snaps Up AI Startup Inductiv, As Analysts Boost PTs On Store Reopenings * Microsoft Seeks $2B Stake In India’s Jio Platforms- Report * Boeing Cuts 6,770 Jobs In U.S.; CFRA Upgrades Stock To Buy * Google Faces Arizona Lawsuit Over ‘Unfair’ Location Data Storing
In a bullish day for the coronavirus market rally, several leading stocks rebounded from key levels, often offering new buying opportunities. Boeing 737 Max production resumed.
(Bloomberg) -- A federal appeals court rejected claims that tech giants Twitter Inc., Facebook Inc., Apple Inc. and Alphabet Inc.’s Google conspired to suppress conservative views online.The U.S. Court of Appeals in Washington on Wednesday affirmed the dismissal of a lawsuit by the nonprofit group Freedom Watch and the right-wing YouTube personality Laura Loomer, who accused the companies of violating antitrust laws and the First Amendment in a coordinated political plot.A three-judge panel held in a decision only four pages long that the organization didn’t provide enough evidence of an antitrust violation and that the companies aren’t state entities that can violate free speech rights.“In general, the First Amendment ‘prohibits only governmental abridgment of speech,’” the judges wrote, quoting a previous decision.Larry Klayman, a lawyer for Freedom Watch and Loomer, said in an interview that he’d file a petition to have the case reheard by an enlarged, “en banc” panel of the court’s judges and take the case to the Supreme Court if necessary. He said he believes the court chose Wednesday to issue its decision as a response to President Donald Trump’s threat to regulate or shutter social media companies for their alleged anticonservative bias.Klayman said the brief decision gave “short shrift” to an important social issue.Two of the three judges on the appellate panel were appointed by Republican presidents and one by a Democrat. The district court judge who dismissed the case, Trevor McFadden, was appointed by Trump.The companies said in a joint brief in March that courts had repeatedly rejected claims that operating a widely used forum for speech by others “is a public function that amounts to state action.” Subjecting private companies to First Amendment requirements would chill efforts to police pornography and cyberbullying, they said.“Private property owners, no matter their social importance, are not the government and are not subject to the constitutional constraints that limit governmental regulation of speech,” the companies said.Read More: Trump Retweets Far-Right Activists in Attack on Social MediaThe case is one of several filed by conservatives linking social media bans to the market dominance of big tech companies. The suit blamed an illegal conspiracy by the companies for a “complete halt” of Freedom Watch’s organizational growth and Loomer’s 30-day ban from multiple social media platforms after she said Representative Ilhan Omar, a Democrat from Minnesota, favors Sharia law and is “anti-Jewish.”The D.C. Circuit’s decision comes after two unlikely allies weighed in on behalf of Freedom Watch and Loomer, asking the court not to affirm the dismissal of the suit without a full proceeding. The District of Columbia’s government and the Lawyers’ Committee for Civil Rights Under Law filed briefs challenging the trial judge’s conclusion that the D.C. Human Rights Act doesn’t ban discrimination online.(Adds Klayman quote and context below it)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Deep-pocketed tech firms stand to gain as more financially-challenged peers rethink their autonomous driving efforts.